Get Ready for Another Day of Market Turmoil

January 7, 2016 1:44 PM

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Get Ready for Another Day of Market Turmoil

Chinese markets closed 29 minutes after trading began because they fell 7 percent in that time. Stocks across the world are sharply lower.

The Chinese central bank’s move increased already-heightened fears over the health of the Chinese economy. Although the country is expected to grow 6.5 percent this year—enviable by most other standards—much economic data coming out of the China is pessimistic. The decision in currency markets could...

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